It's been more than 20 years since Sony's last stock split. The company's long-term performance since its last split doesn't leave much to be desired, and it's in the middle of some complex restructuring initiatives that are weighing on profits. As a result, there's a potential catalyst in sight that could be what Sony needs to ignite its business to the next level. Sony is one of the latest tech giants to announce a stock split. Last month, Japanese conglomerate Sony Group (SONY -0.37%) announced a 5-for-1 ...

Shares of the electronics and media company have appreciated by 0.04% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 0.56% and the S&P 500's gain of 3.15%. For the full year, the Zacks Consensus Estimates are projecting earnings of $5.60 per share and revenue of $80.11 billion, which would represent changes of +2.94% and -5.03%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share pric ...

Over the past month, shares of this electronics and media company have returned +0.6%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Audio Video Production industry, which Sony falls in, has gained 9.8%. The key question now is: What could be the stock's future direction? Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a compa ...

Sony Pictures announced Wednesday it purchased dine-in movie theater chain Alamo Drafthouse for an undisclosed amount, more than three years after Alamo filed for bankruptcy during the thick of the COVID-19 pandemic, which crushed theatrical revenue and delayed scores of major movies. Timeline Alamo's founder, Tim League, steps down as the chain's CEO to transition to its executive chairman and is replaced by former Disney executive Shelli Taylor. Topline GC Images The COVID-19 pandemic shutters theaters gl ...

During periods of heightened volatility and uncertainty, it's not uncommon for professional and retail investors to gravitate to time-tested businesses that have handily outperformed Wall Street's benchmark index, the S&P 500, over the long run. It's why the collective FAANG stocks have been so popular over the last decade. More than a half-dozen top-notch businesses became stock-split stocks in 2024 Stock splits come in two forms: forward and reverse. A forward-stock split's purpose is to make shares more ...

Sony is the latest consumer goods company to announce a stock split. Over the last few years, many large technology companies have chosen to split their stock. Notable examples include Amazon, Alphabet, Tesla, and Nvidia. However, more recently, a number of consumer goods businesses have also engaged in stock splits following sharp rises in share prices. Energy beverage maker Celsius and big-box retailer Walmart both did so within the last year. Fast-casual restaurant chain Chipotle Mexican Grill is on the ...

Deadline hears David Ellison's Skydance is still very much in the mix and trying to create offer acceptable and attractive to Paramount. A Skydance combination is very much the favorite in Hollywood but hated by Paramount shareholders. Some sources are saying there could be some movement rather soon. Par is holding its annual meeting of shareholders next Tuesday morning. That's not a venue for big corporate announcements but some shareholders may ask about it. Par is in a bit of delicate moment having pushe ...

Wirestock/iStock Editorial via Getty Images Above: Sony Pictures, massive potential to expand IP blending its TV and film base with scale up matching close to Disney. If you look at the present candidates and would be contenders in the Paramount (PARA) free for all dead end, it is not hard to conclude that logic must bring you to a close for Sony (NYSE:SONY). As we have noted, the price might need a bit sweetening above the $26 on the table to put a smile button on everyone's chest, including Shari, and all ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A logo of Sony is seen at the headquarters of Sony Corp. on May 10, 2022, in Tokyo. Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old- fashioned gadgetry. Credit: AP Photo/Eugene Hoshiko, File Japanese electronics and entertainment company So ...

Sony has signed an NDA with Paramount Global, a move that will give it access to the books and allow deal talks to move ahead, Deadline hears. Sony and private equity giant Apollo kicked things off previously with a preliminary bid of $26 billion, but what's being contemplated now is not that, but something narrower. A look at the books is necessary to move forward in any case. The non-disclosure agreement comes two weeks after a Paramount's monthlong exclusive negotiating window with David Ellison's Skydan ...